Owner - Law Dictionary Search Results
use
Uses was enacted in 1535. The purpose of the Statute was to execute the use, investing the legal ownership of the property in the cestui que use, or one entitled to the beneficial enjoyment, and abolishing the
Attendant term
person's trustee. This beneficial interest was subordinate to and merely attendant upon the higher estate possessed by the owner of the inheritance, and yet completely consolidated with it, following the inheritance in all the various modifications and
listing
under which only one agent may sell the property but without the right to a commission if the owner sells it directly NOTE: An agent is usually still entitled to a commission if the owner sells directly
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Insurance
Insurance, see, Income-tax Act, 1961 (43 of 1961), s. 80C, Expl. 1. Insurance, the act of providing against a possible loss, by entering into a contract with one who is willing to give assurance, that is,...
Pawnbroker
under this Act, a pledge pawned with him, and on such purchase he shall be deemed the absolute owner of the pledge purchased. The regulation in the 5th Schedule are very precise, directing, e.g., publication of catalogues
Tail
130 (4) (ibid.)] The limitation of an estate so that it can be inherited only by the fee owner's issue or class of issue, Black's Law dictionary 7th Edn., p. 1466. An estate-tail in land now constitutes
Tenure
that there were origin-ally two modes of holding land, viz.:--(1) Allodial (from los, signifying lot), over which the owner had entire and irresponsible dominion, which he could dispose of at his own pleasure, or transmit as an
Party-wall
a term which has been used indifferent senses, may mean (1) a wall of which the two adjoining owners are tenants in common: (2) a wall divided longitudinally into two strips, one belonging to each of the
Ship
ship is divided into sixty-four shares; not more than sixty four persons may own a ship as part owners, and not more than five may be joint owners of a ship or shares therein, but a corporation
Pawn or Pledge
pledge should belong to the pledgor; it is sufficient if it is pledged with the consent of them owner. By the pledge of a thing, not only the thing itself is pledged, but also, as accessory, the
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